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Revenues

SPY

USA construction spending for August decreased by 0.1%, missing the estimated increase of 0.2% and showing a slight improvement from the prior month's -0.5%.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:00 pm

VVX

V2X, Inc. (NYSE:VVX) has been awarded a position on the $11.9 billion Defense Logistics Agency JETS 2.0 contract to provide cybersecurity and IT modernization services. This contract includes a five-year base period with a potential five-year extension.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:55 pm

RTX

RTX's Raytheon has been awarded a $192 million contract by the U.S. Navy to upgrade the Next Generation Jammer Mid-Band, enhancing its capability to counter new adversary threats.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:31 pm

ZK

Zeekr shares are experiencing an upward trend following the announcement of a significant increase in vehicle deliveries for September 2024, marking a 77% year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:29 pm

APA

APA Corporation and TotalEnergies have made a final investment decision for a $10.5 billion oil development project offshore Suriname, with first oil expected in 2028. The project, a 50-50 joint venture, will utilize new technologies to minimize emissions.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:06 pm

GM

STLA

TSLA

US new vehicle sales in Q3 are expected to remain flat or fall marginally, with declines at GM, Toyota, and Stellantis. Cox Automotive predicts a 2% drop in sales, while JD Power expects a slight increase. GM is expected to lead sales, followed by Toyota. Tesla's sales are projected to decrease by 2.4%.

Portfolio Pulse from Anan Ashraf

October 01, 2024 | 1:05 pm

LSH

Lakeside Holding (NASDAQ:LSH) reported a quarterly loss of $(0.04) per share, a 125% decrease from $0.16 per share last year. However, sales increased by 28.89% to $16.45 million from $12.76 million.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:04 pm

INCY

Incyte (NASDAQ:INCY) has been analyzed by 11 financial analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has increased by 2.73% to $71.82. Analysts have adjusted their ratings and price targets, reflecting their views on Incyte's market performance. Despite a 9.34% revenue growth, Incyte faces challenges with a net margin of -42.6% and ROE of -10.6%.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm

BOOT

Analysts have mixed views on Boot Barn Holdings (NYSE:BOOT) with recent ratings showing a mix of bullish and indifferent perspectives. The average 12-month price target has increased by 7.11% to $146.45. Analysts have adjusted their ratings and price targets, reflecting their reactions to the company's performance and market conditions. Boot Barn Holdings has shown strong financial health with a 10.34% revenue growth rate, a net margin of 9.19%, and a debt-to-equity ratio of 0.5.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm

DDOG

In the past three months, 13 analysts have rated Datadog (NASDAQ:DDOG), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $144.31, slightly up from the previous $143.73. Datadog's financials show a 26.66% revenue growth, but challenges in profitability and asset utilization remain.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm